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Monday, May 18, 2009

Got the opportunity to earn a living today so i missed out on a nearly 5 point mlp index gain. No real news drivers but we did have Goldman Sachs (GS) put Holly Energy Partners (HEP) on the conviction buy list...which begs the question if only someone convicted should buy it. None the less ex cons or whoever else took the stock up 2 points to.28.25. They cut Teppco (TPP) but that stock still went up as it is tied to Enterprise and a possible takeover threat there. Alliance Resource (ARLP) Buckeye Partners (BPL) Buckeye Holdings (BGH) and Exterran (EXLP) were all one point plus winners.

Dinner calls..more later.

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